Forex Robots

By Frank Rivera

The forex market can be difficult to predict sometimes. In fact, many people lose a lot of money trading manually because they have no idea what they're doing. With this in mind, many expert forex traders started to develop systems that could easily be replicated. They programmed the indicators and signals into a computer program that plugs into their trading platform. These programs are called forex robots, expert advisors (EA's), or automated trading systems. Do these robots actually work? Can you just put one on an account and let it make you money?

Expert advisors have grown in popularity in recent years and there has been a huge influx of them for sale in the market. Every forex related website you go to has a host of different ads for these robots and each has their own unique claim to fame. They claim that they can double your account in a certain period of time or something else along those lines.

While there are some truly brilliant software programs available, there are also some not-so-good options available as well. Unfortunately many of the really good ones used by the experts aren't advertised on the open market, but you can find some respectable systems among some of those ads.

How do these systems work exactly? First of all, you'll need an account with any forex broker. Usually the prefferred trading platform of choice is the MetaTrader 4. Many different brokers offer this platform and it is extremely user-friendly. You'll open a chart window on MetaTrader 4 and then drag your expert advisor onto the chart. Depending on which robot you have, you might have to enter a few parameters or settings to make it work properly.

Before you can get your forex robot working for you, you'll need to open a forex trading account with a forex broker. Most brokers tend to use MetaTrader 4 as their preferred trading platform, which is a very user-friendly interface. Log into your account and open a chart window on MetaTrader 4. You then drag your chosen forex robot onto the chart. The majority of software systems will begin analyzing data immediately, attempting to identify trends and trying to find a point at which to generate a trading signal for you.

As the currency pricing changes, your automated software determines when to buy. It has the capacity to place a trade through your account on your behalf. Because it's been set to watch every tiny movement in the market, it will recognize instantly when to close out your trade and consolidate your profit for you. It can also sell out any currency you're holding if it reaches a stop loss point to help minimize your losses for you too.

Using a forex robot to automate this section of your trading strategy can give you a great head start as a trader. You don't have to learn a lot about the forex market to make an automated piece of software work for you.

Overall, expert advisors are usually a pretty good way to get started in the market. Before you decide which one to use, make sure and do your homework. There are several of them on the market that just don't work. Find a good one and stick with it for the long term and you'll be much better off than when you started. - 23212

About the Author:

Ever heard of an automatic forex trading system? They work great and can make you money quickly. See this automated forex strategy !

Gold Investment Is Safe For Retirement Plans - The Reasons Why?

By Paul Brown

Economic crisis has struck the world and there could be no better form of investment than gold.

Do you want to know why you must invest in gold and not anything else now? Well, there are many reasons and some of the most important points are noted herein:

- Investors usually flock to precious metals like gold bullion as one of the safest haven and the only potential way of increasing wealth. With the continuing crisis in the investment banks and the Wall Street turmoil, investors are now in the look out for safe havens, and gold is just that. Historically, gold is known for holding its value and is an experts pick for expanding your portfolio as well as increasing the performance potentially. In fact, the value of gold has increased over 150% since the year 2001.

- The value of gold can never be zero. In place of equities, in which the values are always fluctuating " from a very high level it can come right down to zero in a very short time, gold can never lose its value to become zero. When other markets are collapsing, gold has actually witnessed great highs in values when you trade gold, which has been a traditional trend of gold and helps people make quick flight to better quality. Gold investment also allows individuals to accumulate more assets which further protect the wealth when the equities and the global market are facing negative territories.

- Gold investments give better opportunities for diversification. Experts usually advocate diversification in investment by including gold to the investment portfolio as a better method to improve the overall performance and to provide stability. You can consider gold bullion coins in a fluctuating market or negative economic environment " they are known to be rock solid investments that would definitely fetch you good results consistently.

Gold can be easily bought in any market conditions, whether it is a high or a low. Gold is unlikely to lose its value under any kind if economic pressure. However, if the value at all decreases when you sell gold, the level would be quite less.

You can buy gold whenever you want to, preferably as bullions or coins. You can as well sell gold in smaller quantities when the economic conditions are good " that would in fact be a wise decision.

Plan your investments carefully and always look for stable retirement plans. There isnt anything more stable than precious metals like gold, to invest in. - 23212

About the Author:

Plan to invest in bullion to buy gold and sell gold to earn profits. Atlantgold.com will advise you how to properly do it.

Gold, Oil, and Forex

By Charles Jones

Gold, Oil and the foreign currency exchange market are three different markets that have a lot in common. If you are into Forex trading, knowing what one does may give you an insight where the other markets may be heading. It would be useful to become familiar with those different markets as a trader and get some Forex education.

Let's have a look at those markets and how they are all interconnected.

There is an inverse correlation for markets such as gold or oil that are priced in U.S. dollars in the finance world. When the U.S. dollar declines, not only do foreign currencies go up, but gold prices also rise. Studies have shown a negative correlation between gold and the dollar that is, they almost never move in together, but almost always move in opposed directions.

The value of EUR/USD versus gold, on the other hand, shows a very high positive correlation, this means that the value of the euro and gold prices often go hand-in-hand, suggesting these markets are both better off when funds are flowing away from the U.S. dollar.

Gold prices may be considered as an important indicator in the analysis of the forex market. A trend change in gold price may give a good indication to where the USD may be heading in the Forex market.

A rise in crude prices directly relates to a weakness in the dollar. Foreign oil producers view the increase in oil prices as a way to maintain their purchasing power in U.S. dollar terms. Forex brokers will tell you to counter the impact of higher oil prices a weaker dollar could ultimately give rise to inflation.

Oil is a key commodity driving global economic growth, and oil prices and the foreign exchange have a key relationship in the global economy.

Now lets have a look at the impact an increase in oil prices may have on the different major currencies around the world.

Japan: Economy suffers as it relies on imports for most of its energy needs, therefore the Yen weakens.

UK: Benefit the economy as UK produces oil. British pound strengthens.

Oil in world business has a heavy impact on the Forex market. Thus any disturbance in supply is likely to affect the foreign exchange market.

Some of these factors may be terrorist attacks, natural disasters and political instability. In such times a shift from the dollar to the euro as the designated currency in crude oil could occur thus causing an immediate drop in the value of the U.S. dollar.

Gold and oil are not the only commodities affected by changes in forex rates. Exports of agricultural commodities account for a large share of U.S. domestic income.

When the value of the dollar rises, it tends to limit buying interest from an importing nation as the commodity becomes less affordable in terms of that nation's domestic currency.

When the value of the dollar declines, it reduces the price to an importing nation in terms of its currency and encourages it to buy more U.S. agricultural products. The influence that one market has on another market naturally shifts over time so these relationships are not static but should be the subject of ongoing study.

You as a Forex trader should be aware of the impact that those different markets have on the Forex. Though the changes may not be instantaneous, it may however tip you off on any possible trend changes in the near future. Happy trading ! - 23212

About the Author:

For more information about forex trading and to get a forex eduction, visit http://www.forex-trading-domain.com/

IS FAP Turbo A Real Moneymaker?

By Sean Chandler

You have probably heard of FAP Turbo, but you may not be quite sure what it actually does? It is essentially an automated software program that trades for you automatically without any kind of human intervention. You just need a Metatrader platform, which is free. The system knows exactly when to buy or sell, so you dont have to get involved.

The system and software was created by experienced Forex investors which know the market inside and out, and have a long history of profitability. To come up with the system, they used very expensive and advanced algorithms, which study the trends of the market, so they can see which are the most potentially profitable.

I know that there are a lot of other forex eas on the market (actually more than ever). Some even claim that they make more money than FAP Turbo, but if you look at the fine print, you realize its been through back testing, not live testing.

I know that FAP Turbo claims that you can double your money every month, but while this may be possible, I wouldnt count on it. But that doesnt mean you have no chance making a lot of money with this system.

You have to know something. The forex market is more volatile than hardly any other time in history. Price swings are at record highs and lows. So, essentially while the rewards are higher than ever, so are the risks.

What separates FAP Turbo from the others is that it only trades the euro/chf, which is quite frankly the safest currency pair around.

Also, the creator of the course wants to make sure that you grasp all the intracies of the EA, so he made a lot of videos, so you wont have any doubts about what to do.

All I ask is that you dont expect to double your money every month. Almost nobody does this. But you can expect to have a solid, long term income. - 23212

About the Author:

If you want to know more about unbiased FAP Turbo review, then I strongly encourage you to look at a currency trading course.

MACD Divergence Explained

By Ahmad Hassam

Understanding how to interpret a MACD divergence can be very helpful for you in trading. Do you know what does a MACD Divergence means? Just that the current price trend is running out of steam. It soon may reverse direction. However, price reversal may not happen right away. But a MACD Divergence is a powerful hint. The market is changing direction. It is easy to spot MACD crossovers and dramatic rises. Not so a MACD divergence. Spotting a MACD divergence will only come after practice.

Suppose the price is making a series of higher highs. MACD is making a series of lower lows. What you are looking for is when the price action and MACD do not agree. Something is wrong between the two.

Most probably the traders are getting nervous. They are slowly fading out of their trades. No one is trading against the trend and yet fewer and fewer traders are in the trend. MACD divergence is seen as a sign that fewer and fewer traders are in the trend.

The only traders in the trend are nervous. They are likely to exit their trade at the first sign of trouble. So if MACD is diverging from the bullish trend. As soon as the bears muster up enough guts to short, the bulls will exit and the bears will take over.

This is exactly why MACD is so powerful. It takes time to setup but when it works, it often works well. There are two powerful keys in locating times when MACD divergence is likely to represent a reversal in price.

When the price is at the double tops or double bottoms, MACD divergence can be powerful. At this point you spot MACD divergence. You are making your trading plan based on the reversal or breakout of the support and resistance (S&R). This is known as Exhaustion Pullback.

You should trade now based on rejection reversal. This is a sign that the price action is running out of steam. This indicates that there are not enough committed traders to break the support and resistance (S&R).

When MACD is used as an overbought/ oversold indicator, you see that it has reached its overbought/ oversold range and the price action is turning normal. This is a signal that you should avoid trading at this time.

Dont think that it is overbought and everyone is buying. Dont confuse the overbought/ oversold MACD zones as trade opportunities. However, when the price reaches its extreme, you will see price exhaust and the MACD line drop back into normal zone.

These two situations along with your other tools can provide excellent trading opportunities. It is also important to note that divergence can not only be found on the MACD line and the signal line, it can also be found on the histogram. - 23212

About the Author:

Mr. Ahmad Hassam is a Harvard University Graduate. He is interested in day trading and swing trading stocks and currencies. Discover A Revolutionary New Forex Robot. Develop your own Forex Trading System.